Zscaler - ZS Stock Forecast, Price & News

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last twelve months. There are currently 1 sell rating, 9 hold ratings, 27 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ZS shares.
View ZS analyst ratings or view top-rated stocks.

38 analysts have issued 1 year target prices for Zscaler's shares. Their ZS share price forecasts range from $135.00 to $330.00. On average, they expect the company's stock price to reach $205.97 in the next twelve months. This suggests a possible upside of 72.3% from the stock's current price.
View analysts price targets for ZS or view top-rated stocks among Wall Street analysts.

Zscaler's stock was trading at $321.33 at the beginning of 2022. Since then, ZS stock has decreased by 62.8% and is now trading at $119.53.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our ZS earnings forecast.

Zscaler, Inc. (NASDAQ:ZS) issued its earnings results on Tuesday, November, 30th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The company earned $230.52 million during the quarter, compared to the consensus estimate of $212.33 million. Zscaler had a negative trailing twelve-month return on equity of 53.23% and a negative net margin of 30.23%. Zscaler's quarterly revenue was up 61.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.28) EPS.

Zscaler updated its FY23 earnings guidance on Thursday, December, 1st. The company provided earnings per share guidance of $1.23-$1.25 for the period, compared to the consensus EPS estimate of $1.17. The company issued revenue guidance of $1.525-$1.530 billion, compared to the consensus revenue estimate of $1.50 billion.

684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).

(ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.55%), Artisan Partners Limited Partnership (1.30%), First Trust Advisors LP (1.06%), Citadel Advisors LLC (0.00%), Nuveen Asset Management LLC (0.75%) and Jane Street Group LLC (0.00%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman.
View institutional ownership trends.

Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ZS stock can currently be purchased for approximately $119.53.

Zscaler (NASDAQ:ZS) has a market capitalization of $17.24 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.60) on an earnings per share basis.

The company employs 4,975 workers across the globe.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.